Trouble for TMC, CBI summons 2 of its MPs in Rose Valley scam

December 28, 2016, 11:36 AM IST

New Delhi/Kolkata: CBI has issued summons to two MPs of Trinamool Congress, Sudip Bandyopadhyay and Tapas Paul, in connection with the alleged Rose Valley scam, one of the cases being probed by the investigating agency as part of the umbrella chit fund scams.

Both Bandyopadhyay and Paul have been asked to appear at the CBI office here on December 30.

CBI sources said Bandyopadhyay was called earlier also but he had cited ongoing Parliamentary session to seek exemption from personal appearance.

Now the agency has again asked the Member of Parliament to appear before its investigation team to be questioned in the connection with the chit fund scam related to Rose Valley group, the sources said.

When contacted in Kolkata, Bandyopadhyay said, “I will appear in the first week of January.”

“I will go because I want to know what are the exact charges that they have levelled against me. I feel that it is better to sit face-to-face rather than talking over phone,” he said.

Recently, there was speculation that Bandyopadhyay may be questioned by CBI after which Trinamool Congress had said that Prime Minister Narendra Modi was using central agency to scare the party because of its opposition to demonetisation.

“By pursuing political vendetta you can’t stop Mamata Banerjee and TMC from protesting against demonetisation. You are using CBI and other central agencies to scare us. But you won’t succeed,” TMC secretary general Partha Chatterjee had said.

“You feel you and your party are saints and all of us thieves. But the fact is you are the biggest thief,” he had said.

The CBI had filed its charge sheet in the Rose Valley Group chit fund scam naming Kundu and three others in a special court in Bhubaneswar on January 7.

The firm was charged with defrauding depositors of Rs 17,000 crore from across the country of which Rs 450 crore was received by the ponzi firm from Odisha alone.

In its charge sheet, CBI had claimed that it was still probing the role of “influential people” in the scam.

Besides role of regulatory authorities, money trail and larger conspiracy hatched by the accused persons to cheat the public are still under probe of the agency, they said.

The sources said that CBI, in its charge sheet, has named Kundu, the then Managing Directors Ashok Kumar Saha and Ram Lal Goswami, besides Rose Valley Real Estate and Constructions, Rose Valley Real Estate and Land Bank, and Rose Valley Hotels and Entertainment.

CBI has alleged that these persons and companies were allegedly responsible for running “illegal” ponzi scheme in violations of the norms of RBI, SEBI and Registrar of Companies.

The agency alleged that they kept running the schemes “knowing fully well” that these were “commercially unviable” and continued cheating people by keeping them associated with the group.